Two-Family Brick
New
For Sale
$1,398,000
36-20 190 Street, Flushing, NY 11358
Residential Income, Flushing, NY
Property Size2,700 SF
Lot Size0.03 Acres
Price / SF$517.78
Days on Market5
Property Features for 36-20 190 Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
5
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 5, Bedroom 3, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 4, Bedroom 2
Fireplace
1
Subdivision
Flushing
Standard status
Active
Size
2,700 SF
Lot size
0.03 Acres
Taxes and HOA fees
Tax Annual Amount
10163
Utilities
Heating system
Baseboard, Natural Gas, Hot Water(Heating)
Water source
Public
Amenities
split AC units
custom millwork
fireplace
washer/dryer
bonus attic room
Building Details
Year built
1932
Floors in Building
3
Flooring type
Vinyl, Hardwood
Building materials
Brick
Listing Agency:
EAST COAST NEW YORK
(718) 428-2900
Listed By:
Shengfan Li
(917) 974-0992
Added: Oct 9
Changed: Oct 13
Last Checked: Oct 13 at 10:06PM
MLS# 12021560
Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 2,700-square-foot brick residence, built in 1932, contains two homes. The ground-floor unit has two bedrooms, one bathroom, a kitchen and a living/dining room. Above it, a two-level apartment offers three bedrooms, two bathrooms, an eat-in kitchen, living/dining space and an attic bonus room. The basement provides open space, a full bathroom, laundry area, boiler room and an exterior entrance. Both residences have separate gas hot-water boiler systems; split AC units are installed throughout. Interior finishes include custom-built wardrobes and cabinetry, with vinyl and hardwood flooring. The property occupies a 0.0255-acre lot in Flushing. The Long Island Rail Road station and several MTA bus stops are a three-minute walk away.
Key Highlights
- Two residences in a 2,700‑square‑foot brick building
- Ground‑floor unit has 2 bedrooms and 1 bathroom; upper duplex has 3 bedrooms and 2 bathrooms
- Basement includes open space, a full bathroom, laundry area, boiler room and exterior entrance
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$66,000
Cap Rate
4.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,320,000
$1.3M
Cap Rate 7%
$942,857
$942.9K
Cap Rate 9%
$733,333
$733.3K
Market Conditions
NOI Build-Up for 2,700 SF
Gross rent
$124.7K $46.20/SF
− Vacancy
−$4.7K −$1.76/SF
EGI
$120.0K $44.44/SF
− OpEx
−$54.0K −$20.00/SF
NOI
$66.0K $24.44/SF
Area
Queens County, NY
Vacancy
3.80%
Lease Rate
$46.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,320,000
Cap Rate 7%
$942,857
Cap Rate 9%
$733,333
Alternative Uses
Best Use
Apartment 5plus
$942.9K
$825.0K – $1.10M
NOI $66,000 @ 7.0% cap · market cap 4.72%
Second Best
Multifamily LT 5
$638.4K
$558.6K – $744.8K
NOI $44,689 @ 7.0% cap · market cap 3.20%
Theoretical Best
Office A
$1.99M
$1.74M – $2.32M
NOI $139,333 @ 7.0% cap · market cap 9.97%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,165
Businesses Nearby
Explore this area
Business Placement
Demographics for 11358, NY
40,435
Population
13,806
Households
2.9
Avg Household Size
43
Median Age
37%
College-Educated
84%
High-School Grad
2.0 sq mi
ZIP Area
20,218
Density / Sq Mi
$88,729
Median Household Income
$46,875
Median Earnings
$2,086
Median Rent
$967,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Separate gas-fired boiler systems serve the residences, with split AC units in every room.
Where is this duplex located?
The property is located at 36-20 190 Street Flushing, NY.
What is the asking price?
The asking price for this property is $1,398,000.
What are key features of this property?
This property features: Two residences in a 2,700‑square‑foot brick building; Ground‑floor unit has 2 bedrooms and 1 bathroom; upper duplex has 3 bedrooms and 2 bathrooms; Basement includes open space, a full bathroom, laundry area, boiler room and exterior entrance
